Credit Card Phone Scam Targets PIN Reset
Consumers are being targeted by a new phone scam that attempts to trick them into revealing their credit card PIN numbers. The scam involves a caller who claims to be from the cardholder’s credit card company and informs them that their PIN needs to be reset. The caller then provides detailed instructions on how to reset the PIN.
In a recent incident, a consumer received a call from someone claiming to be from their credit card company. The caller said that the consumer’s PIN had been compromised and needed to be reset. The caller then provided step-by-step instructions on how to do this.
The consumer followed the instructions and entered their PIN into the phone keypad. However, the caller did not hang up the phone and instead used the information to make fraudulent charges on the consumer’s credit card.
The consumer’s credit card company later alerted them to the fraudulent charges. The consumer was able to cancel their card and report the incident to the authorities.
Consumers should be aware of this scam and take steps to protect themselves. Remember, your credit card company will never ask you to provide your PIN over the phone. If you receive a call from someone claiming to be from your credit card company and they ask for your PIN, hang up the phone and call the company directly.
Here are some tips to help you avoid falling victim to this scam:
- Never provide your credit card PIN over the phone.
- If you receive a call from someone claiming to be from your credit card company, hang up the phone and call the company directly.
- Be wary of callers who claim that your credit card has been compromised.
- If you believe that your credit card has been compromised, contact your credit card company immediately.
- Monitor your credit card statements for any unauthorized charges.
